Coca-Cola is a behemoth in every right. That means big profits and financial implications with a multi-billion-dollar price tag. The company, which sells its eponymous drink pretty much in every part of the world, has been in a long-drawn dispute with tax authorities in the U.S. over a $16 billion charge that it could possibly
Friday, August 9, 2024 by Chad Swiatecki Central Health’s Board of Managers is preparing to set a higher tax rate. Its new property tax rate will be almost 10.8 cents per $100 of taxable value, which will translate to an increase of $66 per year for owners of homes with a taxable value of just
LONGVIEW, Texas (KLTV) – As proposed, six of the seven voting members of the Longview City Council approved for the 2024 property tax rate to remain the same as what it is this year: $0.5169 per $100 valuation. An increase in the property tax rate was previously suggested at the most recent budget workshop as
After a 12-year vacancy, the Hotel Arizona in downtown will become a Hyatt Regency hotel under a new lease agreement with the city of Tucson. The lease agreement and tax break on the hotel with developers Pueblo Center Partners and HSL Circle Properties is a renewal of an agreement from November 2019 that expired in
The Minneapolis Park and Recreation Board (MPRB) Commissioners voted to support a tax levy increase at its Tuesday meeting. The MPRB said the increased levy request of 10.07% was made to the Board of Estimate and Taxation (BET). According to MPRB, the increase would be used to maintain current park service levels and care for
JOHNSON CO., Kan. (KCTV) – Notices for proposed property tax increases will soon be in the mailboxes of hundreds of thousands of Johnson County residents. Johnson County, Kansas, officials announced on Thursday, Aug. 8, that on or before Saturday more than 230,000 notices of proposed property tax increases will be sent as required by law.
Bexar County commissioners this week heard a presentation about next year’s University Health System budget that leaves its property tax rate unchanged. The annual budget for the county’s system of public hospitals and clinics has weighed in around $3 billion, about the same as the county’s entire total budget. Commissioners will likely formally adopt a
Italy’s government said Wednesday it would double a flat tax on foreign income for high earners newly moved from abroad, from 100,000 euros ($110,000) to 200,000 euros a year. The original rate, levied for a maximum of 15 years in lieu of other taxes, was introduced in 2017 in a bid to lure wealthy people
Peru’s President has enacted Legislative Decree No. 1623, revising the General Sales Tax (IGV) and Selective Consumption Tax in response to the growing digital economy. This decree, under Law No. 32089, aims to regulate the taxation of digital services and intangible goods purchased online. Key provisions include: Individuals using digital services from non-resident
LINCOLN — A soon-to-be revamped property tax relief proposal in the Nebraska Legislature would use an existing school aid formula to funnel at least $1.8 billion to the state’s 244 school districts. That change would be made largely to replace local property taxes with state funding, dropping maximum school tax rates for operational expenses from $1.05